How to tax income from "right sale of photography" ?
This query is : Resolved
28 August 2015
I have sold "Right to use the photo" The Photo was taken by me & the same is sold For 300$ to an American Citizen.
He have transferred me the amount by western union and which is credited to my Saving bank account as 19,800 INR.
Now my query is :
1. Taxable in India ?
2. Nature & head under which the same will be taxable ?
I have sold "Right to use the photo" The Photo was taken by me & the same is sold For 300$ to an American Citizen.
He have transferred me the amount by western union and which is credited to my Saving bank account as 19,800 INR.
Now my query is :
1. Taxable in India ?
2. Nature & head under which the same will be taxable ?
29 August 2015
1) yes
2) if you are professional photographer, professional income
otherwise other income
2) if you are professional photographer, professional income
otherwise other income
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Unregistered suppliers utility
- ITDS U/S.194T of Firm
- Difference between Date of Payment and Date of Deduction?
- GST Rate for Catering Services
- FCRA 6 E- Intimation
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- Non-Compliance documents have not been submitted by the contractors debited
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
